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English 62
Search Results 0 to 49 of about 62 (some duplicates have been removed)
MSNBC
Dec 28, 2012 2:00pm PST
and purposes. >> sam, isn't it a bit late in the day to be playing this game of chick snn. >> i don't know what constitutes late in the day at this juncture. i guess we have a few more days, a couple more hours here. i think there's a general consensus we probably will hit the cliff, but that doesn't mean they can't hurry and get something done a day after, two days after, do it retroactively. the hit that would be felt by families would be minimum in that case. a lot of negotiations. we'll see what mcconnell and reid can pick up and forge together. >> nbc news has been reporting that the president's holding firm to this position of not cutting taxes for people earning more than $250,000 a year. you've been talking to republicans all day. will republicans vote for a plan that looks like the president's first offer, $250,000? >> republican senators specifically were really looking for a $400,000 threshold, but as the clock ticks on this fiscal cliff, i think a lot of republicans will move towards that $250,000 number. 24e may not like the president's deal or his approach, but both sides want to
FOX Business
Dec 26, 2012 9:20am EST
don't want them going over the cliff so to speak, you want to protect them. well, that was, i argued back in the 1960's, remember when people were sit inning in the universities, a nonnegotiatable demand. a thing called nonnegotiatable demand and that was society and people became more self-righteous and self-directed rather than understanding we had to operate within certain rules. i do think it has infected washington. i mean, i would call president obama one of the most self-righteous presidents we've ever had. david: president reagan, for example, stood for concrete things and didn't bend on the principles, because they had the guardrails that allowed them, it made it easier to negotiate with people they disagreed with. for example, tip o'neill, the democrat made a deal for the huge change in our tax structure. there seems no possibility of a deal like that being made now. >> well, the republicans clearly feel that they've been disadvantaged by president obama and they actually, i don't think, trust him or the democrats anymore because of the experience they went through with the
MSNBC
Dec 28, 2012 1:00pm PST
to do what we don't exactly know. so joining us live from the white house is nbc's kristin welker. kristin, welcome. >> reporter: thanks, karen. good afternoon. >> so what are we hearing about this meeting? i know it's still going on. any news? >> reporter: well, we do know this, a source familiar with these talks says that president obama is not going to be offering anything new during this afternoon's meeting. he's essentially going to be saying what he said at the white house last friday when he called on congress to put forth a package that would extend bush era tax cuts for those making $250,000 or less, extend unemployment insurance benefits, as well as stave off some of those deep spending cuts that are set to go into effect. the president is going to make the argument that he believes this can pass through both houses, but, of course, there is a big question mark over that. i have been speaking with republican aides on the hill who say house republicans are really waiting to see what the senate does at this juncture before they weigh in on anything that the president might
FOX News
Dec 29, 2012 5:00pm PST
people who produce and somehow reward people who don't. and we have also had a foreign policy that is supposed to make a stronger and more respected, but it hasn't worked out either. let's just put it this way. if that is flexibility, we all better learn to be very flexible the next four years. earlier this month susan rice withdrew her name from consideration from post of secretary of state. that's after strong opposition to her potential nomination. republicans were critical of her after she went on five different sunday news shows. she gave this explanation for the terrorist attacks that killed four americans in benghazi, libya on september 11th. >> the best assessment we have is that in fact this was not a pre planned, premeditated attack. what happened initially was a spontaneous reaction to what had just transpired in cairo. it was a consequence of the video that people gathered outside the embassy, and then it grew very violent. those with extremist ties joined the fray and came with heavy weapons which unfortunately are quite common in post revolutionary libya. that th
MSNBC
Dec 27, 2012 8:00am PST
connell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum that the president wants to see done before we hit january 1st. i've got to tell you, though, getting back to the votes, the votes simply aren't there in the house of representatives for that. they're likely not even there in the senate, so we're back at square one, amazing as it is to say at this point, thomas. >> when we talk about what we know about the president, as we expect him to return to washington landing at andrews air force base, but what more do we know about this phone calls or the phone calls that went out to the four congressional leaders? >> reporter: we know they took place before the president left time with his family before flying back to washington. he should be back here within about an hour from now, weather permitting. he'll be able to take marine one here, but i exchanged e-mails with top aides. they say they're not going to provide any more details
CNBC
Dec 27, 2012 7:00pm EST
and we don't be what that will be and we should get more clarity on that tomorrow if there is, in account fa, a meeting at the white house we might find out what they're hammering out behind closed doors. >> thus far, democrats have refused to do any meaningful entitlement reform and republicans have refused to do anything related to taxes. we both know each side wants a piece of the other to do those exact things and both sides still refuse. is there anything that means those two factors have changed. >> we saw it on the stock market today and we saw the wild swings as news developments happened throughout the course of the day. it impacted the market throughout date and if that continues that kind of pressure from the outside could really put some force on these members of congress to come together for a deal. the closer we get the more pressure from the outside they're going feel and i think it makes it easier, not harder to get a deal in the last 48 to 24 hour space lot of folks have said that's the sweet spot for a deal anyway and there's another group that says we're going over this
CSPAN
Dec 28, 2012 8:00pm EST
're saying they may not be possible if if the freshman and now sophomores and many members who come and don't eventually give a nether blessing to cut a deal. in her may feel in the same tough spot now that but he was last year. a ground part and based on what you say may not be possible if obama wins under any circumstances. >> this is outside of the book but i will do it anyway because i've been doing general election for the times. talking to jim messina the campaign manager of the obama campaign and david axelrod and rahm emanuel and stephanie cutter and asking them you know, how would the next years under obama, given that the house composition -- >> is almost certainly going to be similar. >> how will things be different and uniformly their answer, in other words the talking point, was that the fever will break, that the american people if they vote for president obama for another four years will basically be voting against obstructionist and the republicans will get the message and they will walk in a sultry fashion toward the center of. >> i can see that happening at all. >> no, no
ABC
Dec 30, 2012 8:00am PST
. >> give me your odds. i said 50/50. >> i think a little higher than that. >> senator kyl? >> i don't disagree with chuck, and i also would say the way you opened the program does not under or overstate the consequences. if we are not able to reach an agreement, it will be dire. and that's from everybody from the congressional budget office which is nonpartisan, as you know, to the fed chairman, probably at least another million jobs lost, an unemployment rate over 9% and putting us back into recession. so responsible people on both sides of the aisle do need to try to come together, and there is a significant effort under way right now. >> but let's understand what we're talking about. what kind of a deal? this is a -- the bare minimum, as the president said? what would this deal include? >> well, obviously i think all of us would have preferred the grand bargain, so to speak, of a $4 trillion deal. that can't happen at the last minute, but to avoid going over the fiscal cliff, to avoid taxes being raised on middle class folks and on 98% of america to avoid, in my view, a sequestra
MSNBC
Dec 26, 2012 12:00pm PST
pontificate all they want. we have a huge drop and people short sell. we don't know that. it is surprising that the house representative is not even scheduled to be in. they are working on a foreign intelligence bill. we are not really moving in and the president doesn't come back tomorrow morning. we are not moving towards an agreement that conversations are not as fluid as they once were last week. kind of scary and daunting in a country where we are still very much coming out of a recession. >> nbc awe luke russert. thanks as always. we have the congressional editor at politico. to sort of pick up on the point, i see at least if you are on the democratic side. i see why they would not have a sense of urgency for next week. seems like the basic perimeter is whether there is a deal now or next week. there people who are working poor and middle class people who will be hurt with the payroll tax going away. it seems like the basic difference between this week and next week, right now house republicans will not vote for any kind of a tax increase under a million dollars. they wouldn't suppor
CNN
Dec 28, 2012 11:00am PST
of all the animals. "cnn newsroom" continues right now with don lemon. hi, don. >>> hi, suzanne. thank you very much. i'm don lemon. brooke is off today. the eyes of the world are focusing now on the white house. within the next hour, congressional leaders will begin to arrive for what is likely to be a very tense meeting with the president. this is perhaps the final effort to avert the tax increase that is expected to cost the average family several thousand dollars a year. four days remain to reach an agreement, get it passed by the house and the senate and signed into law by the president. we're talking a long shot here. now, want to show you the players. president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the presi
FOX News
Dec 27, 2012 10:00pm PST
of a deal because if we don't get it done now, we need to go and make sure that things get done so we don't raise taxes and taxes aren't raised for all these americans that are looking at it come january 1st. >> why did he fly all the way back from hawaii and cut his vacation short if he's eager to go over the cliff in is that part of his charade. >> if he wants to actually blame other people for his lack of leadership he has to appear, at least, to be coming back to find a solution. if the president was really interested in the level of the debt we have in this country, the $16 trillion, we would have had a budget passed in the senate sometime in the last three years. he proposed a budget and none of the democrats even voted for it. it got 0 votes. i don't think the president is focused where we ought to be focused which is the spending. we have a spending problem. he's fixated on tax rates that only give you about seven days of what the government spends. >> he didn't get any votes on his budget or not very many, but i will give him credit for at least submitting one. it's more than sen
FOX News
Dec 30, 2012 9:00pm PST
fault. take a listen to what he had to say. >> not because democrats and congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit and as part of an overall deficit reduction package. if folks can't say yes to good offers, then i also have an obligation to the american people to make sure that the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >> now, one of the questions in the days ahead will be whether or not this strategy back fired because republican leaders on the hill had their feathers ruffled by the fact that the president seemed to be blaming them. and speaker john boehner saying he should spend more time negotiating, why are you on tv while mitch mcconnell is working with harry reid to troy to get a deal. the president's point was if they do not make any progress on bipartisan talks in the senate since the clock is running out he wants a straight up and down vote on the sena
MSNBC
Dec 26, 2012 8:00pm PST
. the nra is catching heat from all directions. >> i don't think the nra is listening, i don't think they understand. >> georgetown university law professor, david cole on the growing drumbeat against the nra. >>> six days until the price of milk shoots up to $8 a gallon. why house republicans are take ing america to the dairy cliff. >>> and civil liberty groups take on torture in zero dark thirty. >>> if no deal is reached, the nation will go over the fiscal cliff in a little more than five days and house republicans are doing nothing more than posturing. president obama is flying back to washington tonight from his christmas vacation in hawaii to make one last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. senate majority leader harry reid is trying to determine what kind of bill he can get through the senate with limited republican support. meanwhile, governor neil abercrombie of hawaii tonight announced that lieutenant governor brian schatz is as fit to feel the seat of the passed senator daniel
CSPAN
Dec 28, 2012 11:00pm EST
's indistinguishable and date in no way to provide cover for all those moderate who want to do the right being. i don't think said people exist in the republican party. listen, the answer is grover norquist no new tax pledge. that alone would free the republican party to engage in good faith, sensitive negotiations. everybody knows that our taxes are now at an historic low in the contemporary era and they're going to go out sort of naturally. and with the aging of the population, i guarantee you will be somewhere around 22% gdp. wouldn't it be nice if we could acknowledge that and say what's the most bowl, efficient way to structure a tax system, probably progressive consumption tax direct it in ways to accomplish a whole host of object is. as long as you have that pledge to which members signed, it's hopeless. the republican party cannot be a player in any constructive resolution of the problems confronting the country. there is no political space for a third-party to occupy. it's based on a presumption. we have two extreme parties and there's this great center to mobilize and i'm deeply skeptical t
MSNBC
Dec 27, 2012 12:00am PST
.i.t. rom mitt romney? don't bet on it. the angry man or woman in the back row of the tea party, the angry one that stands up and scolds him, you betrayed us, you are one of them. do they want to be the person who voted with the party leadership or worse yet, the democratic president, or the one who voted against all of that and stayed true to the purity of the tea party dogma, no taxes, no deals, no compromises, no nothing, period. this is the wall the tea party have raised up, the wall beyond which people who captured. what they campaigned against was spending money on government, that is what taxes are. got it? and that's hardball for now, thanks for being with us "the ed show" with ed schultz starts right now. >>> good evening, americans, welcome to the ed show. i'm michael eric dyson in for ed schultz. the president cuts his vacation short to come back to washington, d.c., meanwhile, house republicans are literally phoning it in, this is the ed show, and as ed would say, let's get to work. >> this is something within our capacity to solve. it doesn't take that much work, we just have
CNN
Dec 28, 2012 1:00pm PST
. it says if they don't have a counter proposal, the president is asking for an up or down vote in the house and the senate. picking it up from here, candy crowley will be doing "the situation room". thanks for watching. now to candy. >>> happening now, new details of the meeting between president obama and congressional leaders for what could be a last-ditch effort to avoid the fiscal cliff. >>> families in the making ripped apart. russia officially bans the adoption of russian children by americans. >>> and for the second time in a month, a man pushed to his death from a new york city subway platform in the path of an oncoming train. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> all eyes on that white house this hour. and the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. cnn's chief white house corresp
CNN
Dec 30, 2012 6:00am PST
soon. men are more traditional and would rather see it than read about it. >> don't forget to check out his op-ed on cnn.com/opinion. thanks for watching today. "state of the union" with candy crowley starts now. >>> few big things get done in washington without drama, and we're although the precipice of a very bing thing. today the cliff-hanger. >> we're now at the last minute. >> wlaefr we come up with is imperfect. >> we'll work hard to get there. >> getting a deal and getting it passed with democratic senator debbie stab gnaw and john ba wrasse a and darrell issa and donna edwards. then, the country goes into 2013 without a farm bill. think you don't care? >> the consumers when they go in the grocery store are going to be a bit shocked when ned of 3.60 for milk to $8 pour milk. 2016, yes 2016 with matt bai of the "new york times" magazine, the washgt post karen itemty and cnn's jessica yellen. i'm candy crowley. this is "state of the union." if sigh lentz is golden, perhaps something is up. we haven't heard much about whether a deal to avoid the fiscal cliff is in the works or out o
FOX Business
Dec 28, 2012 4:00pm EST
not concerned about going over the cliff? you don't think it affects the stock market specifically as much as some say it will? >> i think there's a shoacial effect -- a short term effect, but look at it in terms of basics. it's contractual fiscal policy. we're going to squeeze incomes. it's going to cause unemployment causing political unrest, but it's going to have other effects, probably as previous speakers said, causing price of oil and gasoline to go down, but what's a sure thing and very, very important for the market is that interest rates are not going to go up. what we're seeing, if we are not watching the magician doing fiscal cliff tricks, is the elephant in the room is smart companies are able to buy other companies with cash. a couple examples of companies that are buying other companies with cash. the best one's disney. they just bought lucas films for $4 billion financing it with debt. 2% interest rate, $80 million pretax cost, $50 million after tax cost. they pay that for three years, fourth year, they get "star wars" and make a billion dollars. tremendous deal for the sha
CNN
Dec 26, 2012 8:00pm PST
don't have to join a gym or buy a horse as the kay may be. you just have to get your hands on the finest piece of exercise equipment to be thrust on the fitness scene and on "the ridiculist." >> you can see number seven tomorrow night. that does it for this edition of "ac360." >>> "outfront" next, just six days until we all fall over the fiscal cliff and tonight, there's no action on capitol hill. will that change by the end of the year? tonight, two congressmen come "outfront" to talk specifics. plus, arizona's attorney general backs a plan reminiscent of the nra to arm school principles. does more guns in schools begin to add up? and the biggest political fumbles. the best of the worst from our the best of the worst from our politicians. -- captions by vitac -- www.vitac.com >>> i'm in for erin burnett. "outfront" tonight, christmas is over. washington back to work. the countydown is on. the clock is ticking. you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. nothing, nada. now, i'm not tryin
FOX News
Dec 28, 2012 1:00pm PST
about the deal. what if there's a deal, craig, for, i don't know, say 4 hr $500,000 the threshold of who gets taxes and who keeps -- everybody under that number keeps their tax cuts. everyone over pays more and there's spending cuts. is that a bad deal? >> yeah. i think it is. let me tell you why. because you can't get everything out of this deal that you want and frankly, all we're doing is kicking the can down the road. you know as well as i do this does nothing to deal with the $1 trillion plus deficits we have yearly. this is the fifth year in a row, we're going to have $20 trillion worth of debt on top of $48 trillion worth a long-term liabilities by the time mr. obama leaves office. this is the time to deal with this issue. we've been kicking it down the road ten years. we promised the nation in 2011 under the budget deal with the sequesters we would not let this get away from us. we shouldn't this time. for mr. obama to suggest i've cut a trillion in spending because he saved money on the wars in afghanistan is gimmicks. they a work. >> i have to be honest, it's both sides. it str
CNN
Dec 26, 2012 11:00pm PST
and kept working on it. as a freshman member of the congress, i don't have the pull or the power to say when we're going to be there, when we're not but i will say this, that the u.s. house of representatives has acted. we're waiting for the senate to act and i believe that as soon as they act we'll be back in town to find some forge -- some pathway forward. >> well, a senior white house official told cnn tonight to that point, they said we believe strongly a reasonable package can get majorities in both houses. the only thing that would prevent it is if speaker mcconnell and speaker boehner don't cooperate. do you think mcconnell and boehner are in the mood to cooperate with president obama? >> i do believe they're in a mood to cooperate. they've talked -- and speaker boehner's talked for a long time about a grand bargain, about a big deal, about trying to find some major solution going forward. but the senate hasn't acted on anything, so i think we have to be careful on just placing the blame on mcconnell or boehner. without adding in to this mix, senator harry reid who is running the
SFGTV
Dec 29, 2012 11:30am PST
. (. [speaking foreign language] . we don't want you to do that but want to work out programs to share our fabulous culture and again thank you. [applause] >> hello. i am honored. i am david chiu president of the board of supervisors. i fall in a long line of succession of italian presidents at the board of supervisors. i am here honored to be supporting our board and my colleague scott wiener and representing the oldest italian neighborhood here on the west coast and i know you have heard from leno and amaino i want you to know my italian friends introduce me as david chiu o. 20 years ago like every elected that didn't grow up in san francisco and i know we are all from different areas i came here 20 years ago from the east coast and in part i was fascinated by chinatown and it's next to the old italian neighborhood of north beach and in the great cities like boston et cetera and when i walked around that neighborhood it was the neighborhood that drew me to the great city whether being reminded of great baseball players, the joe migage i don't play ground. >> >> or the fisherman or t
CNN
Dec 29, 2012 1:00am PST
out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an extended period of time, as you all know waiting for us. >> mr. president, i would just add -- i share the view of the majority leader, we had a good meeting down at the white house. we are engaged in discussion, the majority leader on myself on the white house >> -- so i'm hopeful. >> the american people ar
MSNBC
Dec 29, 2012 12:00pm PST
that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done and i've been talking to my sources today and that same optimism isn't really present right now. there's more skepticism about a deal getting done and it is still very early in this process and this is a fluid situation so it could change on a dime, but that's what's going on behind the scenes and the white house monitoring clearly, what's happening. >> what's the president doing today? >> reporter: well, he doesn't have any events on his public schedule and he does have an industry with david gregory from "meet the press." other than that, we don't have a readout of what's happening and we're hoping to get more information a
CNBC
Dec 28, 2012 4:00pm EST
on the major indices, puts on the dows or puts on the spiders. i don't know anything about gold. if i'm forced into a hard asset, would i rather look at silver, but in bonds, i think the risk in bonds is extraordinary, but i'm not a bond guy, so it's a little prejudice, but that's a dangerous play to me. >> see you later. all right. here we go. we're going into the last hour here as we wrap up the trading week near the lows of the day and of the week, down 142 points. stick around. we may hear something out of this white house meeting during this second hour of the "closing bell" which gets under way right now. >>> and welcome back, everybody, to the "closing bell." i'm mandy drew i sitting in for maria bartiromo. lots of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spook
CNBC
Dec 31, 2012 9:00am EST
p panache? >> my hair looked different on every single -- i don't know. >> do you have a different style and mood every morning? >> i don't know. it shows that it's real. that's what i'm going to stick with. all right. >> we want to thank john harwood for joining us for the hour. we also want to thank tony and jared for being with us through this whole hour. >> and sitting through that. >> happy new year to everybody. and we should point out, look, fiscal cliff, market says, what, me worry at this point? >> i wonder what really did happen. did you get anything -- >> i think it was tony and i. >> not since we last talked. >> you guys get along well. as long as you're a steeler fan, you get along. it was great. thanks, guys. we've got to go. >> can you see this? we're giving out the fiscal cliff bars today. >> bye, everybody. happy new year, joe. right now, time for "squawk on the street." ♪ >> one final trading session for 2012. and it comes, of course, with the add eed drama of a fiscal cliff set to take place 15 hours from now. i'm carl, with melissa lee. cramer and faber are of
CNN
Dec 29, 2012 11:00am PST
to want to try and give that deal a chance. that may be what's happening right now. of course, we don't know. i think right now, no news might be good news. we snow senator mcconnell's been in his office for more than hour now working with his staff. senator reid is not here yet. it does seem like the republicans are perhaps either working with other republicans or working out the details of this possible deal. i think we're in the real working hours right now, and perhaps the less said by these major players at least for the moment, the better. >> the yes, well, let's hope that's the case. jessica, both sides still seem to be aways from what they want and everyone seems to be saying no one is going to get 100% of what they want, right? >> it's a compromise. everybody knows that at this point. i know the staffs of the two leaders are in touch and contacting each other trying to get closer. i can tell you what democrats want is, as you know and the president has made clear, a tax increase for people who make households that make $250,000 and more. an extension of unemployment benefits
CNN
Dec 28, 2012 4:00am PST
speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house has already passed to extend all rates and either take it up in whole or amend it. amending it, and changing that threshold down to closer to what
CSPAN
Dec 28, 2012 2:00pm EST
that he had a year ago, that does not count. for republicans and people to say they don't understand what's going on, i have a problem with that. the republicans deny anything he puts forward. the president left his vacation and came here. they're not being fair. republicans say they are christians. they're not. they did this during his last term and now are causing and all of us to suffer because they don't like the president. this is personal. this has nothing to do with raising taxes. this is a personal attack and i think it's a shame. we look like a third world country. we don't look like the united states. host: let's get a republican voice. our next caller is calling from west bloomfield, michigan, on the republican line. good morning. caller: i would like to get your thoughts on a balanced approach and have unbiased taxation by using a flat tax. that way you can calculate the amount of taxes we need for the deficit over 10 years. another point is to control the spending on entitlements by not giving millionaires social security benefits, thereby satisfying president obama's approac
MSNBC
Dec 31, 2012 4:00pm PST
move through the house. democrats, liberals oblt to the threshold number. they don't like the fact of what could be a two-month offset. on top of that, you have a lot of conservatives so those are big issues. i spoke with one republican aide that said nancy pelosi would have to add a lot of votes. a bill could come over from the senate and if there is a problem amongst house republicans or enough of them object, john boehner could amend it and send it back to the senate. from the house. that would put it in delay. >> they have all day tomorrow to work it out. one last thing i've been told that some could make the sale to members at 12:01 a.m. that any deal that comes over from the senate would be voting -- not voting for a tax hike, would be voting to cut taxes because then we're over the cliff and everything would expire. so interesting optics. i think it should be really known by folks watching tonight just because something is going to come out of the senate late tonight, early tomorrow morning, there's no guarantee it has a clear way forward. it's without some sort of drama at
CNBC
Dec 28, 2012 5:00pm EST
? we don't know the answer as of now. we do know the president did not make any new offers in the meeting today. >> it is staggering for the president to call the congressional leaders in at 3:00 on a friday and tell them to come up with a plan, when that could have been the case this morning. to give them time to come up with a plan. >> you're right, i think based on what we know now publicly it would appear that the white house sort of let the expectations game get ahead of them here. because there was talk in washington early on in the day that there might be a mini deal pending. maybe an offer from the president. none of those peer to have been true. we're told the president went into the meeting with a plan of simply restating what he said last friday, that he was willing to extend the bush tax cuts for those making under $250,000. of course that was not a proposal that republicans were likely to greet with open arms, to say the least. >> any sense on how senators mcconnell and senator reed will actually stage some sort of meeting of the minds, especially as senator mc
CBS
Dec 28, 2012 7:00am PST
to shield the american people from the true cost of government, we really don't have any constituency here to help reduce spending because we have not dealt with that issue, there's been no progress on the entitlement spending this is unfortunately going to carry on to the debt ceiling debate and what that means is every american is going to be harmed because the economy is not going to be what it should be. so because we have lacked the courage to face up to deal with these issues we here in washington are going to hurt the american economy we're going to hurt americans at every level, and to me it's just a travesty that we've not been willing to deal with this issue when for the last two years, jeff we have known this time is coming. no congress has been more prepared to deal with this issue than us. >> senator, do you think progress is going to come from this meeting this afternoon? let me ask you about that. >> well here probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road, jeff we'll do some small d
CSPAN
Dec 27, 2012 1:00am EST
crisis, i don't mean there is no debt. the debt is a huge problem just like a cancer patient has a problem with pain. but it isn't healthy to be -- but it is analytically unhelpful to be thinking in terms of the debt crisis. we might as well refer to the crisis we are going through as the savings crisis, a crisis caused by too much savings. you have never heard anyone from bloomberg refer to it as a crisis of a glut of money with nowhere to go, but it is, just as much as it is a crisis of debt. let's begin at the beginning. let's talk about debt. reading the mainstream outlets, newspapers, or listening to the idiotic stations like fox, hyou would think that it is possible to have capitalism without debt. recall of feudalism. -- well, it isn't. once, it was possible to have an economy with debt that is marginal. recall feudalism. what was the process that led to the accumulation of wealth? it began with production. peasants work on the land. they produce wheat, corn, so production came first. then came distribution. that would come in and take a large part of that mountain of corn
CBS
Dec 28, 2012 5:00pm EST
from what you're saying that that's not the most important factor, and at the end of the day, i don't know that that matters to you much. he's got a very nice kennel at home. good. no, he's lovely, and thank you for bringing "nipper" along. it's my pleasure. thank you. we occasionally see scroll paintings on the roadshow. they're nearly always that galloping horse which was sold on the high street in the 1950s and '60s. yeah. it's actually not a painting; it's a print. but these are a different kettle of fish altogether. are they yours? no, they belong to my mother. where did she get them from? my father, who was a sea captain, and he brought them in in the '60s, early '60s. he was going out to china, presumably. yeah, to shanghai, mainly. tell you what, he had a good eye. he could have bought real rubbish, but he didn't. these are actually very nice paintings. right. the chinese, for a couple of thousand years had this fantastic system whereby if you wanted to get on in life, you took exams and you could be the humblest peasant and if you passed your three
FOX Business
Dec 23, 2012 10:00pm EST
automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their arms around this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looking at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when they can least afford it. there a lot of tax increases are going to hit this economy hard. we need to be talking about what we can do. >> be one it looks like we will be in a recession. last night, fox news repororted that a republican named mike kelly yelled into a microphone at an emergency meeting on plan b last night. he said really, we can't support our speaker. what is going on here? the big question is will john boehner keep his job? the house will be considered wi the speaker should be. you think he will make a change? >> someone who thinks john boehner is big mistake was planned the -- it was actually stripping the conservatives
CNN
Dec 28, 2012 9:00am PST
are saying, that they don't think this law has been enacted from january the 1st, these children should be allowed to go to the united states. instead there's been a call for russian families to step forward and take on those adoptions instead. >> all right, matthew, thank you very much. russia is one of the most popular countries for american adoptions. the state department says there were 970 adoptions there last year. only china and ethiopia had more, about 2,500 from china, a little more than 1,700 from ethiopia. now, a big reason americans adopt from other countries is the sheer number of available children in russia. there are more than 650,000 orphans. compare that to the united states where there are a little more than 58,000 children living in state institutions or group homes. and adopting babies from american agencies can also be more expensive, and the adoptive parents may be required to have a future relationship with the birth mother. the u.s., of course, not happy with the russian president signing this adoption ban. and the united states is essentially letting russia kno
CSPAN
Dec 23, 2012 10:05pm EST
90% the new mentality in washington is that we don't to do it december 31. they have a couple of weeks in january before this starts to pinch a bit. it is not as much of a cliff that people were saying a few days ago? host: are we going over the cliff? guest: i think we're likely to do it. you don't have major economic effects on your afternoon's person income pay, paycheck. it is going to take a couple of weeks before that to start happening. you do have a brief week or two window where if they got something done it would be a political switch but not a major economic one. host: you're a veteran of the hill. when was the last time that congress was here between christmas and new year's? guest: i don't remember but it happens a lot on budget-related matters. when i worked on the hill there were lame-duck sessions but they did not go up this late. this is kind of chaos it is close to unprecedented. i've never seen a speaker be pushed back on by his own party as hard as what happened to john boehner this week. host: let me read to you "activists that helped john boehner's plan b
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